HINDUSTAN AERO. Announces Quarterly Results (1QFY22); Net Profit Up 31.7%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HINDUSTAN AERO. Announces Quarterly Results (1QFY22); Net Profit Up 31.7%
Mon, 16 Aug

HINDUSTAN AERO. has announced its results for the quarter ended June 2021. Here is a detailed performance review of the same:

HINDUSTAN AERO. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-20*
3
Mar-21*
3
Jun-21*
QoQ ChangeYoY Change
Net SalesRs m17,367107,38716,158-85.0%-7.0%
Other incomeRs m4731,3151,50114.2%217.7%
TurnoverRs m17,840108,70217,660-83.8%-1.0%
ExpensesRs m13,52480,12113,734-82.9%1.6%
Gross profitRs m3,84427,2872,425-91.1%-36.9%
DepreciationRs m1,1136,6811,115-83.3%0.2%
InterestRs m1,046299147-50.8%-86.0%
Profit before taxRs m2,15721,6222,664-87.7%23.5%
TaxRs m6625,451694-87.3%4.9%
Profit after taxRs m1,49516,1711,970-87.8%31.7%
Gross profit margin%22.125.415.0
Effective tax rate%30.725.226.1
Net profit margin%8.414.911.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 7.0% on a year-on-year (YoY) basis. The expenses were up by 1.6% YoY during the same period.
  • The company's operating profit declined by 36.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.0% in 1QFY22 as against 22.1% in 1QFY21.
  • Depreciation charges increased by 0.2% and finance costs declined by 86.0% YoY, respectively.
  • Other income increased by 217.7% YoY during the quarter.
  • Net profit for the quarter increased by 31.7% YoY. Net profit margins during the quarter increased from 8.4% in 1QFY21 to 11.2% in 1QFY22.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 85.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 82.9% QoQ during the same period.
  • The company's operating profit declined by 91.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 15.0% in 1QFY22 as against 25.4% in 4QFY21.
  • Net profit for the quarter declined by 87.8% QoQ, while net profit margins declined from 14.9% in 4QFY21 to 11.2% in 1QFY22.

To see how HINDUSTAN AERO. has performed over the last eight quarters,please visit here.

Find Out: How to Create Massive Gains from Govt's Mega 2023 Plan?

HINDUSTAN AERO. Share Price Performance

Over the last one year, HINDUSTAN AERO. share price has moved down from Rs 1,295.2 to Rs 1,072.5, registering a Loss of Rs 222.7 or around 17.2%.

Overall, the S&P BSE SENSEX is up 44.9% over the year.

Current Valuations

At the current price of Rs 1,072.5, the price to earnings (P/E) ratio of HINDUSTAN AERO. stands at 10.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.7 times.

Equitymaster requests your view! Post a comment on "HINDUSTAN AERO. Announces Quarterly Results (1QFY22); Net Profit Up 31.7%". Click here!

  

Related Views on News

Mazagon Dock Shipbuilders IPO: Should You Apply? (IPO)

Sep 29, 2020

Should you bet on this public sector defence shipbuilder?

More Views on News

Most Popular

Is it Time to Switch from Tata Power to NTPC?(Profit Hunter)

Oct 11, 2021

Given the huge run up in Tata Power, does it make sense to switch to NTPC?

This Proxy EV Stock Just got a Power Crisis Boost(Profit Hunter)

Oct 8, 2021

After months of research, I've come across few stocks that excite me far more than the mainstream electric vehicle companies.

Rs 1 Lakh Invested in These Cryptos at the Start of 2021 Became Rs...(Views On News)

Oct 8, 2021

These cryptos would have multiplied investors' wealth by as much as 10,000% in just nine months.

5 Exciting 'Unlisted' Companies and How to Play Them(Views On News)

Oct 7, 2021

Here's how you can invest in some of the most exciting start-ups of the decade.

Modi's Big Move Could Boost these 5 Defence Stocks(Views On News)

Oct 11, 2021

To corporatise the defence sector, the Ministry of Defence (MoD) has dissolved the 250-year-old Ordnance Factory Board (OFB).

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

HINDUSTAN AERO. SHARE PRICE


Oct 20, 2021 03:35 PM

TRACK HINDUSTAN AERO.

  • Track your investment in HINDUSTAN AERO. with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON HINDUSTAN AERO.

HINDUSTAN AERO. 5-YR ANALYSIS

COMPARE HINDUSTAN AERO. WITH

MARKET STATS